Financial Literacy: For Kids, Adding Dollars and Sense

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Financial Literacy: For Kids, Adding Dollars and Sense

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Thirty teams of grade seven students, half from St. Gabriel Catholic School in Burlington, the other half from Hilltop Middle School in Etobicoke present their Money Fair projects to judges in Scotia Plaza in Toronto on Tuesday April 18, 2017. (Glenn Lowson/The Globe and Mail)

Wednesday, April 19, 2017 - 3:10pm

CAMPAIGN: Scotiabank: Committed to our Community

CONTENT: Article

On the eve of the Canadian Foundation for Economic Education (CFEE) initiative called Talk With Our Kids About Money Day, they and 29 other teams from Hilltop and from Burlington’s St. Gabriel Catholic Elementary School gathered at the competition to share projects about the value of money. It comes at a crucial juncture for financial literacy among young Canadians. Those graduating soon will enter a world with historic household debt ratios, ever-rising tuition costs, and, especially in the case of Toronto-area students such as these, unprecedented entry costs for home ownership.
 
Terri Williams, vice-president of corporate social responsibility at the Bank of Nova Scotia, the Money Fair’s host and sponsor, said after speaking to numerous student groups on Tuesday that early financial education can save a lot of regret down the line. “So many times you hear from adults, ‘Man, I wish I had known this before,’” she said.
 
Keywords: Education | Canadian Foundation for Economic Education | Scotiabank | Talk With Our Kids About Money | csr | financial education

CAMPAIGN: Scotiabank: Committed to our Community

CONTENT: Article